News

Companies in the U.S. added a solid 216,000 jobs in November, the most since June and evidence that the incoming Trump administration is inheriting a solid economy. Payroll provider ADP said that nearly all the gains occurred in service sectors such as retail, hotels and restaurants, as well as... »

U.S. consumer spending posted another solid gain in October and inflation continued to show signs of firming, buoying hopes of strong economic growth in the fourth quarter. The Commerce Department said personal consumption rose a seasonally adjusted 0.3 percent last month after a revised... »

Kawasaki Kisen Kaisha, Ltd. has announced an enhanced containership service, Asia Chennai Express Services (ACE). This service will have new port coverage of Korea and China and direct service to and from Chennai, India. »

Today's automobiles are often described as computers on wheels, for the scores of processors and chips they use to control everything, including the transmission, brakes, power windows and navigation system. The advent of self-driving cars may require the equivalent of a supercomputer on wheels.... »

A new trading platform to assist buyers of timber in sourcing legal or certified products from all over the world has been launched. BVRio Environmental Exchange has announced its responsible timber exchange index to facilitate the screening of timber products and their supply chains. »

Adidas has unveiled a new shoe featuring biodegradable fabric that's designed to break down within hours of its disposal using a water and enzyme solution. The one catch: the current design appears to be attached to a foam sole - suggesting that a large portion of the shoe would still end up in a... »

America's uncertain stance toward global warming under the coming administration of Donald Trump has given China a leading role in the fight against climate change. It has called on the United States to recognize established science and to work with other countries to reduce dependence on dirty... »

McDonald's Corp. is expanding a program that ditches frozen patties in favor of fresh beef, making another break with decades of fast-food practices in a bid to revitalize the chain. Fresh beef is now being used in some sandwiches in more than 75 restaurants in the Tulsa, Oklahoma, area, McDonald's... »

As managers face increasing pressure from stakeholders to make supply chains eco-friendly, companies are on the hunt for new and inexpensive tools, partners, or processes that can improve the sustainability of their operations. But according to a new study, one solution may already exist: Cloud... »

Hewlett Packard Enterprise has announced several software and hardware products to more securely manage the exploding universe of Internet of Things devices. October's Mirai botnet attack on unsecured IoT devices, which halted widespread access to dozens of popular internet sites, dramatizes the... »

Parcel shipping volume will grow annually at 5 to 7 percent between now and 2018, for a total increase of 20 percent, with the biggest gains coming in cross-border shipping, according to a study from Pitney Bowes. »

Cathay Pacific and subsidiary carrier Dragonair carried a total of 172,385 tonnes of cargo and mail in October, an increase of 5.3 percent over October 2015. The carrier's load factor rose by 1.6 percentage points to 68.1 percent. »

Sales of second-hand ships used to haul commodities such as iron ore, coal, grain and fertilizer have hit a seven-year high in 2016 as the industry creeps out of an eight-year downturn that has sunk several fleets of shippers. »